Code of Federal Regulations · Section
§ 1208.78 — Ending Garnishment
12 C.F.R. § 1208.78
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(a) Once FHFA has fully recovered the amounts owed by the debtor, including interest, penalties, and administrative costs consistent with the Federal Claims Collection Standards, FHFA will send the debtor's employer notification to discontinue wage withholding.
(b) At least annually, FHFA will review its debtors' accounts to ensure that garnishment has been terminated for accounts that have been paid in full.
Authorizing Statute
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Regulations and orders12 U.S.C. § 4526
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Installment deduction for indebtedness to the United States5 U.S.C. § 5514
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Authority to make credits or refunds26 U.S.C. § 6402